BVI company means offshore company, and BVI is the abbreviation of the British Virgin Islands (British Virgin Islands). Since the introduction of the International Business Company Law in 1984, the British Virgin Islands has begun to establish an offshore financial center. It has now become one of the most famous offshore jurisdictions in the world, with 290,000 companies registered here. Therefore, the BVI It has become synonymous with offshore companies.

To establish an offshore company, you should make the following preparations:

1. Determine the name and share amount of the proposed company;

2. Determine the shareholders and directors Candidates:

3. Determine the number of shares held by shareholders;

4. Sign a contract to establish a BVI company;

5. Prepay related company establishment expenses, etc.

Compared with ordinary limited companies, the main difference between offshore companies and ordinary limited companies is taxation. Unlike the commonly used practice of levying taxes based on turnover or profits, the governments of offshore jurisdictions only levy annual management fees from offshore companies and do not impose any taxes beyond that. In addition to tax incentives, almost all offshore jurisdictions clearly stipulate that the company's shareholder information, equity ratio, income status, etc., enjoy the right to confidentiality. If the shareholders are unwilling, they may not disclose it to the outside world. Another advantage is that almost all major international banks recognize this type of company, such as Chase Bank in the United States, HSBC in Hong Kong, Development Bank of Singapore, Credit Agricole in France, etc. "Offshore" companies can open bank accounts, which is extremely convenient for financial operations.

Generally, such "offshore" regions and countries have good trade relations with developed countries in the world. Therefore, overseas offshore companies are financial tools often used by many large multinational companies and individuals with high assets. Many companies that hope to be listed abroad achieve their goals by establishing overseas offshore companies.